When was Evolved Foods founded?

Evolved Foods was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is Evolved Foods located?

Evolved Foods is headquartered in Bengaluru, India. It is registered at 3rd Floor, Building #1127, 20th Main, 20th Cross, A Block, Sahakaranagar P.O, Bangalore, Bangalore North, Karnataka, India, 560092.

Who is the current CEO of Evolved Foods?

Pradeep Rao of Evolved Foods. They have also founded 1 company.

Which legal entities is Evolved Foods associated with?

Evolved Foods is associated with BIZCHEF VENTURES PRIVATE LIMITED.

How many employees does Evolved Foods have?

As of Sep 30, 2026, the latest employee count at Evolved Foods is 16.

Is Evolved Foods a funded company?

Evolved Foods is a funded company, having raised a total of $1.76M across 13 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Nov 24, 2020.

How much is Evolved Foods worth?

The latest valuation of Evolved Foods is $***** as of Nov 10, 2025. This marks a decline of 12% from its peak valuation of $9.73M in Nov, 2020. This marks a decline of 12% from its peak valuation of $9.73M in Nov, 2020.

When was the latest funding round of Evolved Foods?

Evolved Foods' latest funding was a $***** Angel round on Aug 20, 2025, with participation from 2 investors. Its primary sector is Food & Beverage Products. In India, the Food & Beverage Products sector has seen $334M in funding in 2026 to date.

What is the annual revenue of Evolved Foods?

Annual revenue of Evolved Foods is less than ₹10 Cr as on Mar 31, 2025

Where does Evolved Foods rank among its competitors?

Evolved Foods ranks 26th amongst 146 active competitors, of which 57 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Tender, which secured $5.34M in Oct, 2025.

Who are the top competitors of Evolved Foods?

Evolved Foods' top competitors include Impossible Foods, Upside Foods and Tender. Among them, Tender secured the most recent funding round in October, 2025.

Evolved Foods - 2026 Company Profile, Team, Funding, Competitors & Financials

Evolved Foods is a seed company based in Bengaluru (India), founded in 2020 by Pradeep Rao and Roma Roy Choudhury. It operates as a Manufacturer of plant based protein products for food service applications. Evolved Foods has raised $1.76M in funding from investors like Zerodha, Rainmatter and Aditi Investments, with a current valuation of $*****. The company has 146 active competitors, including 57 funded and 12 that have exited. Its top competitors include companies like Impossible Foods, Upside Foods and Tender.

Company Details

Manufacturer of plant based protein products for food service applications. These products feature whole muscle texture and high heat tolerance for use across various culinary formats. The offerings provide protein, fiber, and iron content while adhering to food safety and quality standards. Production processes focus on responsible sourcing and efficient manufacturing to support plant forward dietary options.

Website: evolvedfoods.in
Social
Email ID: *****@evolvedfoods.in
Phone Number: +91 **********
Registered Address: 3rd Floor, Building #1127, 20th Main, 20th Cross, A Block, Sahakaranagar P.O, Bangalore, Bangalore North, Karnataka, India, 560092

Key Metrics

Founded Year

2020

Location

Bengaluru, India

Stage

Seed

Total Funding

$1.76M in 13 rounds

Latest Funding Round

Angel, Aug 20, 2025, $*****

Post Money Valuation

$***** as on Nov 10, 2025

Investors

Gopinath Ambadithody & 58 more

Ranked

26^th among 146 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

16 as on Sep 30, 2026

Similar Companies

Impossible Foods & 320 more

View Evolved Foods' full profile

Evolved Foods is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
BIZCHEF VENTURES PRIVATE LIMITED CIN: U15100KA2017PTC108103 , India, Active	Nov 22, 2017	0 - ₹10 Cr (As on Mar 31, 2025)	-

Evolved Foods has raised a total funding of $1.76M over 13 rounds. Its first funding round was on Nov 24, 2020. Its latest funding round was a Angel round on Aug 20, 2025 for $*****. 2 investors participated in its latest round. Evolved Foods has 5 institutional investors and 54 angel investors.

Here is the list of recent funding rounds of Evolved Foods:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 20, 2025	5393925	Angel	6369263	9931239	2333685	9667570
Jan 07, 2025	6425165	Angel	6167738	4301060	2451304	8644196
Jul 16, 2024	8316706	Seed	3775897	1787036	Zerodha	Gopinath Ambadithody

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View details of Evolved Foods's funding rounds and investors

The founders of Evolved Foods are Pradeep Rao and Roma Roy Choudhury. Pradeep Rao is the CEO of Evolved Foods.

Here are the details of Evolved Foods' key team members:

Pradeep Rao: Co-Founder & CEO of Evolved Foods. They serve on the board of 1 company.
Contact Info: 1 email address
Roma Roy Choudhury: Co-Founder & COO of Evolved Foods. They serve on the board of 1 company.

Evolved Foods' Board of Directors

Evolved Foods's board has 2 active members. Pradeep Rao and Roma Roy Choudhury are part of team.

Here is the list of Evolved Foods' board of directors:

Name	Type	Representing	Status	Duration
Pradeep Rao	Team	-	Current	8y 10m
Roma Roy Choudhury	Team	-	Current	8y 10m

View details of Evolved Foods's Founder profiles and Board Members

Evolved Foods' employee count trend

Evolved Foods has 16 employees as of Sep 26. Here is Evolved Foods's employee count trend over the years:

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Top competitors of Evolved Foods include Impossible Foods, Upside Foods and Tender. Here is the list of Top 10 competitors of Evolved Foods, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Impossible Foods 2011, Redwood City (United States), Series H	Provider of plant-based alternatives to traditional meat products	$2.01B	Temasek, Mirae Asset & 112 others	68/100
2nd	Upside Foods 2015, Berkeley (United States), Series C	Provider of cell-based meat alternatives	$612M	Temasek, IndieBio & 45 others	61/100
3rd	Tender 2020, Boston (United States), Series A	Developer of plant-based meat substitute products	$29.8M	Lowercarbon Capital, Rhapsody Venture Partners ... & 9 others	59/100
4th	The Better Meat Co 2018, Sacramento (United States), Series A	Provider of plant-based protein and meat products	$41.1M	Future Ventures, Greenlight Capital & 16 others	59/100
5th	Fork & Good 2018, New York City (United States), Series B	Developer of lab-grown meat substitute	$22M	Collab Fund, True Ventures & 6 others	59/100
6th	SCiFi Foods 2019, San Leandro (United States), Series A	Developer of lab-grown meat substitutes for food businesses	$29M	7percent Ventures, Climate Capital & 17 others	58/100
7th	Prime Roots 2017, San Francisco (United States), Series B	Producer and supplier of protein products	$50M	Collab Fund, True Ventures & 17 others	58/100
8th	Good Dot 2016, Udaipur (India), Series A	Produces and markets plant-based meat products	$6.62M	Unovis Asset Management, Sixth Sense Ventures ... & 34 others	58/100
9th	Orbillion Bio 2019, Berkeley (United States), Acquired	Develops animal-free lab-grown meat	$15M	At One Ventures, The Venture Collective & 28 others	57/100
10th	Omeat 2019, Los Angeles (United States), Series A	Provider of cell-based meat alternatives	$40M	Bold Capital Partners, Google Ventures & 8 others	55/100
26th	Evolved Foods 2020, Bengaluru (India), Seed	Manufacturer of plant based protein products for food service applications	$1.76M	Rainmatter, Vigeo Ventures & 57 others	41/100

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Founders own 31.39%, Funds own 5.06%, Enterprises own 2.64% and Angels (largest shareholder) own 51.50%. The net worth of Evolved Foods's founders is INR 24Cr as of Nov 10, 2025. The cap table displayed below is for BIZCHEF VENTURES PRIVATE LIMITED which is the legal entity associated with Evolved Foods.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	31.39%	24Cr	1175516	4799168	7562188	2068817
Fund	5.06%	3.86Cr	17260	20148	57263	30782
Zerodha	78	34	25	95	81	56
Enterprise	2.64%	2.01Cr	94	40	33	93
Angel	51.50%	39.3Cr	6801482	7771275	7271982	7147523
Gopinath Ambadithody	4	8	2	5	6	3
Rajneesh Kumar	7	6	3	3	5	5
Gururaj Gouda	8	2	2	3	3	2
Sankalp Sahu	0	0	0	0	0	0
Other People	5.66%	4.33Cr	90124	61509	78941	12475
ESOP Pool	3.75%	2.86Cr	961	948	324	630
Total	100.00%	76.4Cr	5612578	3861999	8459820	9161653